Tag: Global HRC export offers

SteelMint’s Indian HRC (SAE 1006) export index stands at $1,044/tonne (t) FoB east-coast basis, down by $13/t against $1,057/t FoB week-on-week (w-o-w). However, major steel mills have held on to the HRC export offers and are in a wait- and watch mode. Chinese domestic HRC prices are falling due to a sharp drop in futures…